If demand is higher... it makes sense that prices would climb. It's not complicated.

Let me ask you a question... if fuel had gone up $0.15 would you still buy it? If so, I'd say the gas companies did you a solid favour by not taking it another few pennies higher because they could have and you'd still pay it.

They're just charging what their customers are willing to pay (likely still a lot less in fact)... just like every other company out there. Yet for some irrational reason, people only get upset at the gas companies for charging a price the market will bear, while all the others get off without any criticism at all.

Jonrox wrote:If demand is higher... it makes sense that prices would climb. It's not complicated.

Let me ask you a question... if fuel had gone up $0.15 would you still buy it? If so, I'd say the gas companies did you a solid favour by not taking it another few pennies higher because they could have and you'd still pay it.

They're just charging what their customers are willing to pay (likely still a lot less in fact)... just like every other company out there. Yet for some irrational reason, people only get upset at the gas companies for charging a price the market will bear, while all the others get off without any criticism at all.

I don't think that's the case. People are upset because of the ridiculous flip flopping on price. We see it dropping slowly bit by bit and we all know that once it reaches a good price it will shoot up by a large amount. This happens constantly yet there is never a suitable excuse for it, even the guy on Gas Buddy comes up with different excuses depending on his mood and wind direction. If for example we always saw it go up when a barrel of oil was high and down when a barrel of oil was low we would be less bothered yet we have seen so many excuses for it most of us think its purely down to greed plain and simple!Are there other companies that also do the same with their pricing month in month out?

There are companies that adjust their pricing a lot more frequently than month to month. One of the best examples is grocery stores. Price fluctuations happen week to week throughout most of the departments.

Prices for almost everything you buy are set by the market. Your anger at the oil companies is misguided... you should be upset at the market.

Prices also have nothing to do with costs. The price of oil is unrelated to the price you pay at the pump. Gas companies, like all companies, charge what they do because they can. People don’t like to hear that (or take responsibility for their own buying behavior), so gas companies come up with all kinds of reasons that consumers find more palatable.

Jonrox, it seems to me you're saying exactly the same thing as Dodgerdodge... I'm just sayin'. From my reading Dodgerdodge just mentioned all the gas stations seem to change their prices at the same time and by the same amount.

How can that happen if they're not picking up the phone and calling each other to coordinate the price change ahead of time? And, most of all, in the spirit of capitalism why aren't some stations charging less if their costs of doing business are lower? If one gas station runs out of an Atco trailer why do they charge the same for gas as a brand new, expensive station located along Highway 97?

McTeague said the low price around $1.23 but $1.26.9 looks like the number he'd be looking at for Kamloops. Since gas prices here are a tad higher he thinks the increase would be approximately a three-cent-increase.

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oneh2obabe wrote:McTeague said the low price around $1.23 but $1.26.9 looks like the number he'd be looking at for Kamloops. Since gas prices here are a tad higher he thinks the increase would be approximately a three-cent-increase.

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